These leaders have been a driving force behind the nation's economic policies since the financial crisis of 2008. The financial crisis stretched even farther across the economy than many had realized, as new disclosures show the Federal Reserve rushed trillions of dollars in emergency aid not just to Wall Street but also to motorcycle makers, telecom firms and foreign-owned banks in 2008 and 2009. The... 

A new UN report on Tuesday warned that Africa’s urban population was set to triple in the next 40 years. It also said that the development would put massive pressure on governments and infrastructure across the continent. The report entitled, ‘The State of African Cities 2010: Governance, Inequalities and Urban Land Markets’, was released by the UN Human Settlements Programme (UN-HABITAT). It... 

Provisions in Dream Act qualify undocumented for fed money. Want to know how the lame ducks in Congress plan to “cut” federal spending – which seemed to be a dominating theme of the 2010 elections? They’re proposing a plan to take upwards of $44 billion a year from taxpayers and hand it over to illegal aliens who are in the United States so they can go to college. The plan is called... 

The South African government’s efforts to redress the wrongs of apartheid by buying farms from willing white owners and giving them to blacks has been a failure, with many of the new owners having little experience to make a success of it. The policy has also stirred racial tensions. Reporting from Greylingstad, South Africa — Michael Zulu trundles a wheelbarrow along the track to his farm... 

Can’t get hired? You may just be in the wrong place. Bad interviews or a lack of experience may not be the reason you can’t land a job. Your location may be to blame. If you’re seeking employment, consider moving to Washington, San Jose, or New York. Those are the three best places in the nation for finding a job, according to Juju.com. Juju, a site that aggregates job listings,... 

Iceland hopes to host computer servers for international companies seeking freedom of speech. One of the consequences surrounding the most recent release by Wikileaks of documents relating to America’s war in Iraq is a renewed interest in the safe and secure hosting of contentious data. The prospect of hosting secret or questionably legal data within the United States has become increasingly less... 

Development experts are warning that Uganda’s high fertility rate might become an economic burden in future if action to check the population surge is not taken. A new population report released on Wednesday shows that a Ugandan woman on average gives birth to seven children, one of the highest fertility rates not only in East Africa but also in the world. The report entitled, ‘Population and... 

A rare earth mine in China, which this week announced that it would cut its annual export quota for rare earths in 2011. China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted some shipments of those materials to the United States and Europe, three industry officials said this week. The Chinese action, involving rare earth minerals that are... 

Gen. Jeffrey Buchanan, spokesman of the U.S. military in Iraq, says that Washington agrees on supply Iraq with F-16 military aircraft, shortly after the US’s full withdrawal from the country by the end of December 2011. The General told AKnews that the abilities and skills of the Iraqi air forces have improved, and they will be in a position to defend themselves. “The Iraqi pilots started their... 

Google is positioned to be a major investor in a proposed transmission line for offshore wind farms on the Atlantic seaboard, a bold plan that could radically reshape the electrical grid in the region. The proposed Atlantic Wind Connection, which would cost $5 billion in all, would run from New Jersey to Norfolk, VA, collecting energy from offshore windfarms and redistributing it among mid-Atlantic... 

The United States believes the rebalancing of the global economy “is not progressing as well as needed,” Treasury Secretary Timothy Geithner, pictured on October 6, told world economic leaders Friday. The specter of a damaging global currency war hung over a meeting of economic powers in Washington Friday, as China and the United States again clashed over efforts to rebalance world trade. Finance... 

The Pentagon issued a proposal on Monday to sell weapons worth $4.2bn to Iraq, including 18 F-16 fighter aircraft, Sidewinder air-to-air missiles, laser-guided bombs and reconnaissance equipment, according to a report from the Financial Times. The Pentagon said the proposed arms sales would make Baghdad “a more valuable partner in an important area of the world as well as supporting Iraq’s legitimate... 

The Brandenburg Gate in Berlin, Germany. Germany will finally pay off the last of its debts from World War One this Sunday, on the 20th anniversary of German reunification. Germany’s federal office for central services and unresolved property issues (BADV) said on Tuesday a bond issued to pay remaining debts stemming from the conflict would mature on October 3, two decades after West and East... 

Never has one country enjoyed complete global domination as has America. For about five decades, the United States has been the strongest military, economic and cultural power on earth. For the past two decades, the international order has been America and the others (barely). However, the fun times are coming to an end. After the financial crash of 2008 and concomitant recession, Uncle Sam was revealed... 

THE actual figure of the US’ national debt is much higher than the official sum of $US13.4 trillion ($14.3 trillion) given by the Congressional Budget Office, according to analysts cited by the New York Post. “The Government is lying about the amount of debt. It is engaging in Enron accounting,” said Laurence Kotlikoff, an economist at Boston University and co-author of The Coming...